$26 has held as the bottom for silver again- for now. Silver continued its overnight strength in the Asian session, blasting another dollar higher early in COMEX trading Friday, reaching as high as $28.05!
Silver is now up $2 or 8% from its lows near $26 yesterday afternoon. A weekly close today above $28 would be very significant.
Those holding off from buying at $26 expecting a drop to $20 or even $15 are likely kicking themselves for not accumulating professionally INTO price weakness. [Read more...]